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CORPORATION TAX IN UK

Corporation tax in London

A corporation tax is a tax placed on the taxable profits of limited companies and other organisations such as clubs, societies, associations and other unincorporated entities.

A levy placed on the profit of a firm, with different rates used for different levels of profits. Corporate taxes are taxes against profits earned by businesses during a given taxable period; they are generally applied to companies' operating earnings, after expenses such as COGS, SG&A and depreciation have been deducted from revenues.

Brits Accountancy will assist you with the preparation of company accounts, company tax returns and tax computations and will also be able to give advice on any tax planning areas that may benefit you and your company to provide a friendly and secure service.